Peninsula, OH

Full City Profile · Ohio · Summit County County

3.8 /5.0
B+ Good
601 Population 136/sq mi density
$125,417 Median Income $66,922 per capita
$421,300 Home Value $379,748 Zillow
$1,297 Median Rent 17.8% income on rent
49°F Avg Temperature
583 Violent Crime/100K 1,553 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$125,417 median income, 5.2% unemployment
A+
Affordability
4.8 / 5.0
$421,300 home value, $1,297/mo rent
F
Safety
1.0 / 5.0
583 violent crimes/100K (53% above avg)
A+
Education
5.0 / 5.0
56.5% bachelor's degree or higher

Peninsula, OH

At a Glance

Median Income
$125,417
67% above
$66,922 per capita
Home Value
$421,300
49% above
Zillow: $379,748
Median Rent
$1,297/mo
12% above
17.8% of income on rent
Violent Crime
583/100K
53% above
1,553/100K property
Bachelor's Degree+
56.5%
68% above
98.7% high school+
Unemployment
5.2%
44% above
3.8% poverty rate
Obesity Rate
33.7%
5% above
11.6% smoking rate
Avg Temperature
49°F

How Peninsula Compares to the U.S. Average

Each bar shows Peninsula's value as a percentage of the national average (100% = U.S. avg)

Income
167%
Home Value
149%
Rent
112%
Poverty
31%
Bachelor's
168%
Unemployment
144%
Crime
153%
Thin vertical line = U.S. national average (100%)

Is Peninsula a Good Place to Live?

B+
3.8 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Peninsula residents earn a median household income of $125,417 , which is 67% above the national average of $75,149. Per capita income is $66,922. The unemployment rate stands at 5.2% (44% above the U.S. rate of 3.6%). 3.8% of residents live below the poverty line. The area is home to 15,834 business establishments, including 1,276 restaurants.

Housing & Cost of Living

The median home value in Peninsula is $421,300 , 49% above the national median of $281,900. Zillow estimates the typical home at $379,748. Median rent is $1,297/month, with 17.8% of renters spending more than 30% of income on housing. The cost of living index is 92.8 (100 = national average). The median home was built in 1955.

Safety & Crime

Peninsula reports 583 violent crimes per 100,000 residents , which is 53% above the national average of 380/100K. Property crime is 1,553/100K.

Education

56.5% of adults in Peninsula hold a bachelor's degree or higher (68% above the national average). 98.7% have completed high school. Local schools score 5.9/10 in standardized testing.

Climate & Weather

Peninsula has an average annual temperature of 49°F (10°C). Winters average 26°F in January while summers reach 71°F in July. Annual precipitation totals 41.6 inches. Air quality is rated Good with a median AQI of 44.

Data Overview

People

Population601
Median Age51.9 yrs
Density136/mi²
Male / Female49% / 51%
Foreign Born1.7%
Veterans6.8%

Economy

A+
Median Income$125,417
Per Capita$66,922
Unemployment5.2%
Poverty3.8%
County GDP$40,349M
Avg Weekly Wage$1,209

Housing

A+
Home Value$421,300
Rent$1,297
Ownership84.1%
Zillow$379,748
Housing Units299
Rent Burden17.8%

Crime

F
Violent583/100K
Property1,553/100K

Health

Obesity33.7%
Diabetes8.9%
Smoking11.6%
Heart Disease4.7%
Premature Death9,664/100K

Climate

Avg Temp49°F
Rain41.6 in/yr
AQI44 (Good)
Elevation769 ft

Education

A+
Bachelor's+56.5%
High School+98.7%
Graduate+27.3%
School Score5.9/10

Community

2024 VoteR 46% / D 53%
Commute22 min
Broadband97.3%
Internet Speed157 Mbps
EV Stations1
Libraries30

Did You Know?

Peninsula was founded in 1818.
The median home in Peninsula was built in 1955.
25.5% work from home.
The nearest airport is Akron Fulton International (14 miles).
The Gini coefficient (income inequality) is 0.478 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
6.5% of the population has a disability.
Average internet download speed is 157 Mbps.
There are 1,276 restaurants in the area.
The county recorded 40 fatal vehicle crashes.